Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
ILP was downgraded by Standard and Poor's in June 2008 and placed on a negative outlook, and then Moody's also put it on a negative outlook in July. Can you recall what was the reaction, if you like, among you and your colleagues after that happened? Was it what you expected or was it ... did it come out of the blue or was it fair or what did you think?
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